HEICO CORP
For the period ended Oct 31, 2024. Filed Dec 19, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Dec 19, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 2. PROPERTIES
We own or lease a number of facilities, which are utilized by our Flight Support Group (“FSG”), Electronic Technologies Group (“ETG”), and corporate offices. As of October 31, 2024, all of the facilities listed below were in good operating condition, well maintained and in regular use. We believe that our existing facilities are sufficient to meet our operational needs for the foreseeable future. Summary information on the facilities utilized within the FSG, ETG and our corporate offices to support their principal operating activities is as follows:
| Square Footage | |||
|---|---|---|---|
| Location | Leased | Owned | Description |
| Flight Support Group | |||
| United States facilities (18 states) | 1,580,000 | 233,000 | Manufacturing, engineering and distribution facilities, and corporate headquarters |
| United States facilities (10 states) | 652,000 | 127,000 | Repair and overhaul facilities |
| International facilities (10 countries) - France, Germany, India, Laos, Netherlands, Singapore, Thailand, Turkey, United Arab Emirates and United Kingdom | 139,000 | 173,000 | Manufacturing, engineering and distribution facilities, and sales offices |
| Electronic Technologies Group | |||
| United States facilities (19 states) | 849,000 | 634,000 | Manufacturing and engineering facilities |
| International facilities (7 countries) - Canada, France, India, Morocco, South Korea, United Kingdom and Vietnam | 416,000 | 346,000 | Manufacturing and engineering facilities |
| Corporate | |||
| United States facilities (1 state) | — | 10,000 (1) | Administrative offices |
(1)Represents the square footage of our corporate offices in Miami, Florida. The square footage of our corporate headquarters in Hollywood, Florida is included within Square Footage-Owned of the caption “United States facilities (18 states)” under Flight Support Group.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.